THE MOVEMENT OF THE INDEXES
HEADLINE CPI

The headline CPI shows an increase of 1.2 percent in the June quarter 2017, compared with an increase of 1.1 percent in the March quarter 2017.
The headline CPI also shows an annual change of 5.8 percent increase from June quarter 2016 to June quarter 2017.

The quarterly percentage changes in the All CPI Towns are:

CPI Towns Quarterly Change
Port Moresby 1.1%
Lae 1.8%
Goroka-Mt Hagen-Madang 0.9%
Alotau-Kimbe-Rabaul 0.7%

The percentage changes in the CPI by major expenditure groups from previous quarter are:

Major Expenditure Groups Percentage Change
Food and non-alcoholic beverages 0.4
Alcoholic beverages, tobacco and betelnut 3.3
Clothing and foot wear 0.1
Housing 0.7
Household equipment 1.2
Transport 2.5
Communication 0.0
Health 0.9
Recreation -0.3
Education 0.0
Restaurants and hotels 1.4
Miscellaneous 1.5

 

Graph 1. Quarterly percentage change in the All CPI Towns.

juneqrtr2017

The graph shows Lae displayed the highest indexes of 1.8 percent while Alotau-Kimbe-Rabaul had the lowest index of 0.7 percent in the Junequarter 2017.

UNDERLYING CPI

The underlying CPI shows an increase of 0.7 percent in the June quarter 2017, compared with an increase of 0.4 percent in the March quarter 2017.
The underlying CPI also shows an annual change of 2.5 percent increase from June quarter 2016 to June quarter 2017.
The quarterly underlying CPI excluding the three based measures stated below are:

Qrtr Underlying CPI Percentage
CPI ex- seasonal 0.6%
CPI ex- seasonal and excise 0.7%
CPI ex- seasonal, excise and price control 0.7%

 

Graph 2. Quarterly percentage change in the Headline and Underlying CPI.

 juneqrtr20172

The graph shows the quarterly headline and underlying changes recorded since December quarter 2015 to June quarter 2017.

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THE MOVEMENT OF THE INDEXES
HEADLINE CPI

The headline CPI shows an increase of 1.1 percent in the March quarter 2017, compared with an increase of 1.8 percent in the December quarter 2016.
The headline CPI also shows an annual change of 6.0 percent increase from March quarter 2016 to March quarter 2017.
The quarterly percentage changes in the All CPI Towns are:

CPI Towns Quarterly Change
Port Moresby 1.2%
Lae 1.4%
Goroka-Mt Hagen-Madang 0.7%
Alotau-Kimbe-Rabaul 0.9%

The percentage changes in the CPI by major expenditure groups from previous quarter are:

Major Expenditure Groups Percentage Change
Food and non-alcoholic beverages 1.2
Alcoholic beverages, tobacco and betelnut 2.8
Clothing and foot wear 0.6
Housing 1.3
Household equipment 0.5
Transport 0.1
Communication 0.0
Health 0.4
Recreation 0.1
Education 0.0
Restaurants and hotels 0.4
Miscellaneous 0.0

Graph 1. Quarterly percentage change in the All CPI Towns.

marchqrt17

The graph shows Lae displayed the highest indexes of 1.4 percent while Goroka-Mt Hagen-Madang had the lowest index of 0.7 percent in the March quarter 2017.

UNDERLYING CPI

The underlying CPI shows an increase of 0.4 percent in the March quarter 2017, compared with an increase of 1.0 percent in the December quarter 2016.
The underlying CPI also shows an annual change of 2.1 percent increase from March quarter 2016 to March quarter 2017.
The quarterly underlying CPI excluding the three based measures stated below are:

Qrtr Underlying CPI Percentage
CPI ex- seasonal 0.4%
CPI ex- seasonal and excise 0.4%
CPI ex- seasonal, excise and price control 0.3%

Graph 2. Quarterly percentage change in the Headline and Underlying CPI.

 marchqrt172

The graph shows the quarterly headline and underlying changes recorded since September quarter 2015 to March quarter 2017.